5.25.2007
ICSC Las Vegas 2007 - Exporting West Coast Capital: Flights Departing Daily
Capital Pacific’s presence at ICSC Las Vegas this year was a wild success, and numerous productive meetings were held in our airline-themed booth. The general mood among the 50,000 attendees at the show was one of optimism about the state of the market. The justification for this optimism was recently affirmed by Real Capital Analytics’ May Retail report, which noted that in April alone, a total of $27.7 billion in retail properties changed hands compared to just $12.5 billion that closed in the first four months of 2006. It was also reported that sales of strip centers were up 7% from a year earlier and sales of malls and other retail properties were also up 4%. Thank you to all of our clients who visited our booth, and we look forward to seeing you in Vegas again next year.
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